$BTC In July 2025 Bitcoin gained 8%
Bitcoin is consolidating in the $114K–$116K range after recent highs above $120K. The downward movement today reflects market reaction to macro events, amid expectations of continued volatility. Analysts view $118K as key resistance and support as starting around $114K.
As of August 1, 2025 Bitcoin price action appears neutral to slightly bearish in the short term, but still bullish in the broader trend.
Short Terms: Slightly bearish/consolidating
Mid to Long Term: Still bullish, unless it breaks below ~$110K support.